by Dan Mitchell | Jan 6, 2022 | Blogs, Economics, Free Market, Welfare and Entitlements
I created the Eighth Theorem of Government to illustrate the difference between well-meaning people (who want to help the poor) and zero-sum people (who seem to think some people are poor because other people are rich). This raises the...
by Dan Mitchell | Jan 5, 2022 | Blogs, Economics, Free Market
As I warned a few days ago, Biden’s so-called Build Back Better plan is not dead. There’s still a significant risk that this economy-sapping plan will get enacted, resulting in big tax increases and a larger burden of government spending....
by Dan Mitchell | Nov 17, 2021 | Big Government, Blogs, Government Spending
I’ve periodically warned the European nations such as France, Italy, Greece, and Spain almost surely are doomed to suffer a fiscal crisis. This is because governments in Europe didn’t respond to the 2010 crisis by actually...
by Dan Mitchell | Nov 16, 2021 | Big Government, Blogs, Europe
I regularly cite data about Europe’s sub-par economic outcomes in hopes of driving home the point that the United States should not copy that continent’s approach of onerous fiscal burdens. Which is now a very relevant topic with Biden...
by Dan Mitchell | Oct 27, 2021 | Uncategorized
I don’t know whether to be amused or frustrated, but I can’t help but notice that folks on the left frequently argue that the United States needs to make government bigger in order to “catch up” or “shrink the gap” with Europe. President Biden even has said...